School of Management Studies

School of Management Studies

School of Management Studies

The initial public offering is the sale of shares to the public for the first time through stock exchanges. This research paper seeks to analyze the IPO pricing performance from the first day of listing to different time frames short run and long run conducted during 2011 to 2013. The sample of 59 IPOs are considered for analyses whether it is overpriced and underpriced. To achieve the objective of this study, returns level, beta and three models are used to find out the return and risk simultaneously. The beta is also used to evaluate the risk measurement. The three measures are Sharpe’s, Treynor’s and Jensen’s measures. It found that from the IPOs return calculations that the IPOs has underperformed.

The Society named Center for Advanced Studies in Engineering (CASE) was established on 2nd May, 2000 with a deep commitment to promote and propagate quality technical education. The commitment was translated into reality with the establishment of School of Engineering & Emerging Technologies (SEET) at Baddi in the year 2002.
The Society, through this institute, has been Providing B.Tech. engineering (CSE, IT, ECE, ME, EE, Civil Engg.Applied Sciences & Humanities),BCA, MCA, BBA, B.Com, B. Pharma and MBA courses to the youth of Himachal Pradesh and other states of India.